PPP Loan information for Farouk 2 inc

$15,136

Farouk 2 inc was initially approved for PPP Loan of amount $15,136, the current approved amount is $15,136. The loan was approved on 05/02/2020 by The Wells Fargo Bank, National Association reported 5 jobs and $15,136 was used to fund payroll.

Farouk 2 inc is Existing or more than 2 years old

FAROUK 2 INC

Date Approved

05/02/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FAROUK 2 INC

Borrower Address

497 INDIANHEAD DRIVE SUITE#109

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15136.00

Current Approval Amount

15136.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-0001

CD

IA-02

Jobs Reported

5

NAICS Code

453991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15136.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15323.44

Forgiveness Date

08/03/2021

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